Building relationships with buyers and having a database of active market that specifically has cashflow.

Setting up and maintaining an LLC comes with annual administrative costs, so another thing to consider is your cash flow.

I also have to mentioned that the biggest advantage of using AI is for internal company usage, especially in a companies where it has multiple product, multiple supplier , or producing very competitive product ; company like home depot , medical device or even Adobe, can really make killing productivity by leveraging AI.For people in tech, the ability of AI to generate a code , a database or to articulate complex system , is very valuable.I have been moving from search engine to AI too in last few months and result was great.

I would rather form in Virginia now for easier administrative purposes, only as long as I’m getting the protection that I need.

Probably they don't or you can watch them get heated up on the spot and make stuff up.Most of the national acts really seemed to be selling something else that probably won't help you.....database software for $30-100/month.   

We have built a database based on room prices from various roommate leasing sites. 

Additionally, setting up leases and utilizing software platforms will simplify administrative tasks.

@Eli MooreHUD has 2 database of FHA 203k Lenders. 

Background: I am an undergraduate student starting a real estate fund with $100,000 pledged from the Administration.As mentioned above I am starting a real estate investing club on my college campus with a good chunk of change from Administration.

They are the worst administration I have ever had to deal with, and everything is paper !!